Transparency Market Research

Albany, NY -- (SBWIRE) -- 07/05/2016 -- A new research by Transparency Market Research, titled 'Microbial Identification Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023,' states that the introduction of microarrays, polymerase, and other molecular techniques have been benefiting the market considerably in the recent past. Additionally, technological advancements in the process of microbial identification are predicted to propel the global market during the period from 2015 to 2023.

Food safety comprises the identification of microorganisms that contaminate and spoil the quality of the food. Identification of harmful bacteria that contaminates branded products, raw materials, and many manufacturing facilities is the primary function of microbial identification. Effective microbial identification helps to diagnose diseases and treat various infections. Advancements in the technology have enabled key companies to introduce many new methods of microbial identification.

The global microbial identification market is projected to have a bright future. The rising occurrence of infectious diseases and the rising concerns towards food safety are expected to benefit the market. Technological developments will help leading players in introducing new products across various regions. Based on region, the global microbial identification market is spread across North America, Europe, Asia Pacific, and Rest of the World. In 2013, North America dominated the global microbial identification market. In North America, Canada and the U.S. are the two most lucrative markets for microbial identification. Europe is the second largest market for microbial identification, followed by Asia Pacific.

However, going forward, Asia Pacific is projected to exhibit the strongest growth due to the rising healthcare expenditure, the rising occurrence of microbial contamination, and economic growth. Rising government initiatives to improve environmental safety and food safety will also benefit the market for microbial identification in Asia Pacific. Rising penetration in the Middle East and Africa by multinational organizations is projected to boost the microbial identification market in Rest of the World.

The global microbial identification market can be broadly classified into instruments and software, consumables, and services. The consumables segment comprises plates, reagents, media, and others. Polymerase chain reactions (PCR), flow cytometers, mass spectrometers (MS), microarrays, and microscopes are some of the instruments and software used for microbial identification. Based on application, the global microbial identification market is classified into cosmetic and personal care, food and beverages, pharmaceutical, diagnostics, and academic research centers.

Becton, Bruker Corporation, bioMerieux SA, MIDI Inc., QIAGEN N.V., Siemens Healthcare, Dickinson & Company, Biolog, Inc., Charles River Laboratories Inc., Life Technologies Corporation, Shimadzu Corporation, and Sigma-Aldrich Corporation, are some of the key companies operating in the global microbial identification market. Leading players are concentrating on introducing a new range of instruments and consumables for microbial identification. This is expected to propel the market throughout the forecast period.